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thalestrader

Reading Charts in Real Time

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You trade the 15 minute chart? Doesn't that force you to sit around looking at your charts all day and over-analyze them?

 

For me, forex charts are generally too choppy on the shorter timeframes. I want to trade good swings.

Edited by Cory2679

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If the UJ can make it to PT3 before the end of the day, I will nominate this for trade-of-the-month!...excellent R/R opportunity off a larger degree 2b, taken off a smaller degree 123...

 

I wasn't planning to post until next week, but I wanted to post this...and before it reached PT3...:)

5aa7104d49000_USDJPY(60Min)12_10_2010.jpg.62cd7e45659fead577755689d56e4946.jpg

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Potential EU long...

 

UPDATE: I've pulled the order...the currently dead PA does not inspire confidence...it hasn't yet woken up from its weekend nap...

5aa7104f276c3_EURUSD(15Min)12_12_2010.jpg.f333986e5192a178221b16ae8b436a3e.jpg

5aa7104f2be2c_EURUSD(15Min)12_12_20102.jpg.d4a10affe1ab539ce08c0eb73eaaca35.jpg

Edited by Cory2679

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Well, I think I’m going to call it a night…no trades for me. :(

 

I was expecting this week to be a week of full-time, uninterrupted trading (after adjusting my part-time job schedule to only Friday evenings and weekends). However, something unexpected came up and unfortunately it will cut deep into my trading hours…I’m going to be trading from a hotel…I won’t be trading any more Tokyo’s, tomorrow’s NY will be cut short, I’ll probably have to start NY a little later each day after tomorrow, and I may not get to trade at all on Friday. It’s only this week, though…next week I should be back to full-time.

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Current look at the UJ...

 

UPDATE: The short filled and my stop is now at BE+1 tick.

 

UPDATE 2: Stop moved down a little. It's actually only a 0.4 tick move down from BE+1 tick, but it does provide a more accurate illustration on my Ninja chart of where my stop actually is...

5aa7104f4269b_USDJPY(15Min)12_13_2010.jpg.bb04da49b1ba231f620133eed10bf9ab.jpg

5aa7104f47951_USDJPY(15Min)12_13_20102.thumb.jpg.2375bbbe76e836b49c661392537f944b.jpg

5aa7104f4b86e_USDJPY(15Min)12_13_20103.jpg.80b4d5bfdab5c0f5115718abbaecbd04.jpg

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Current look at the UJ...

 

UPDATE: The short filled and my stop is now at BE+1 tick.

UPDATE 2: Stop moved down a little. It's actually only a 0.4 tick move down from BE+1 tick, but it does provide a more accurate illustration on my Ninja chart of where my stop actually is...

 

UPDATE 3: Stop moved, again. Looks like I picked the wrong pair to be in this morning...the EU & GU are taking off like crazy! :doh:

 

UPDATE 4: Stop moved tighter. BTW, I think I might have to be heading out soon...

5aa7104f4ff5c_USDJPY(15Min)12_13_2010.jpg.ae575a462560fe271e7a33e43d86d63a.jpg

5aa7104f559a5_USDJPY(15Min)12_13_20102.thumb.jpg.e4f65e4b9670b38c8b4c603908fc8737.jpg

5aa7104f5a6c9_USDJPY(15Min)12_13_20103.jpg.076bde0bcf7e3421ffd879d1c8dd2363.jpg

5aa7104f5f577_USDJPY(15Min)12_13_20104.jpg.c8b268f782dd53b29f2b8e99dac0f402.jpg

5aa7104f67ed0_USDJPY(15Min)12_13_20105.jpg.0f80dddb9c5f9845346f6917b30dbcad.jpg

Edited by Cory2679

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Current look at the UJ...

 

UPDATE: The short filled and my stop is now at BE+1 tick.

 

UPDATE 2: Stop moved down a little. It's actually only a 0.4 tick move down from BE+1 tick, but it does provide a more accurate illustration on my Ninja chart of where my stop actually is...

 

UPDATE 3: Stop moved, again. Looks like I picked the wrong pair to be in this morning...the EU & GU are taking off like crazy! :doh:

 

UPDATE 4: Stop moved tighter. BTW, I think I might have to be heading out soon...

 

UPDATE 5: PT1 filled! My day hasn't been cut as short as I expected. However, I will be leaving any minute. So, since I will not be able to actively manage this trade anymore, I'm simply moving my stop on the second half to PT1+1 tick and leaving it...the second half will either fill at PT1 or PT2. I won't be trading tonight, but I'll probably log on sometime to see what happened with this trade.

5aa7104f78328_USDJPY(15Min)12_13_2010.jpg.1dad3c43fc26cdf4ee33d5338e84c39d.jpg

5aa7104f8248e_USDJPY(15Min)12_13_20102.thumb.jpg.3a213d7c6412d1bf631ab90ae9a94319.jpg

5aa7104f86d3b_USDJPY(15Min)12_13_20103.jpg.f03caadd44b6ddc1289cb843b0f50789.jpg

5aa7104f8be93_USDJPY(15Min)12_13_20104.jpg.a6595b248ff0b7ae341b21a91e0a5b9d.jpg

5aa7104f90b27_USDJPY(15Min)12_13_20105.jpg.6fa403b4dfc1f18de4621e26901c96bb.jpg

5aa7104f9519f_USDJPY(15Min)12_13_20106.jpg.24ecdb20fdfa94891a287304a3854a99.jpg

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Current look at the UJ...

 

UPDATE: The short filled and my stop is now at BE+1 tick.

 

UPDATE 2: Stop moved down a little. It's actually only a 0.4 tick move down from BE+1 tick, but it does provide a more accurate illustration on my Ninja chart of where my stop actually is...

 

UPDATE 3: Stop moved, again. Looks like I picked the wrong pair to be in this morning...the EU & GU are taking off like crazy! :doh:

 

UPDATE 4: Stop moved tighter. BTW, I think I might have to be heading out soon...

 

UPDATE 5: PT1 filled! My day hasn't been cut as short as I expected. However, I will be leaving any minute. So, since I will not be able to actively manage this trade anymore, I'm simply moving my stop on the second half to PT1+1 tick and leaving it...the second half will either fill at PT1 or PT2. I won't be trading tonight, but I'll probably log on sometime to see what happened with this trade.

 

FINAL UPDATE: Second half taken out at PT1.

5aa7104fa8dab_USDJPY(15Min)12_13_2010.jpg.c6bec451ac5e793258e538182fb48e95.jpg

5aa7104faf2c4_USDJPY(15Min)12_13_20102.thumb.jpg.4807ed6f278309ef36d30384776f5e41.jpg

5aa7104fb3a38_USDJPY(15Min)12_13_20103.jpg.6f397dc8ed119c45fc584f7901d6a677.jpg

5aa7104fb8a21_USDJPY(15Min)12_13_20104.jpg.62a9ee0b43c09b9515fe542393a0bcf4.jpg

5aa7104fc08b6_USDJPY(15Min)12_13_20105.jpg.4169ed8b0ab220eab5042d2e079dd27a.jpg

5aa7104fc6678_USDJPY(15Min)12_13_20106.jpg.abc5e1c9979d21f41920155d20cd6784.jpg

5aa7104fcaf61_USDJPY(15Min)12_13_20107.jpg.5acb70a8c1977c027f27edf0e7c3cdee.jpg

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Currently doing some piss-poor trading...

 

Took a loss on an EU long, and now sitting long the UJ...

 

UPDATE: UJ long isn't going anywhere...stop moved tighter...

5aa7104fd3673_EURUSD(15Min)12_14_2010.jpg.fbb99074f84f3e34a74307d9675a927d.jpg

5aa7104fd8c97_USDJPY(15Min)12_14_2010.jpg.0af876e8b3ba36c0eec66e029dc7f32c.jpg

5aa7104fdd798_USDJPY(15Min)12_14_20102.jpg.482416599605ee6289e058b3b068a46c.jpg

Edited by Cory2679

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...long the UJ...

 

UPDATE: UJ long isn't going anywhere...stop moved tighter...

 

UPDATE 2: Stop moved up.

 

FINAL UPDATE: Taken out for a small profit.

5aa7104fe20bf_USDJPY(15Min)12_14_2010.jpg.ee7656a158c9cf6d422dee80539eff76.jpg

5aa7104fe69f1_USDJPY(15Min)12_14_20102.jpg.3d2c92946f257bc0a119062d52c64396.jpg

5aa7104fec590_USDJPY(15Min)12_14_20103.jpg.dedf2eafd0f94c59236ad0ed4ddbe3cb.jpg

5aa7105006892_USDJPY(15Min)12_14_20104.jpg.dba39efb2f84e04e16c7f77876ac1d82.jpg

Edited by Cory2679

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Just took BE on an attempt at an early entry on a larger swing trade...

 

I'm having a hard time this week...maybe it has to do with sleep deprivation and trading in a hotel room...I don't want to make excuses, though...haha

5aa710507ab1b_EURUSD(15Min)12_15_2010.jpg.5025b3681f4b3ef0697b7fd8ba9bc579.jpg

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Potential short on the EU...

 

UPDATE: PT1 filled, stop moved down...

 

UPDATE 2: Stop moved down, again.

 

UPDATE 3: Stop moved tight as price closes in on PT2...

 

UPDATE 4: Tighter again...

 

FINAL UPDATE: Second half stopped a little short of PT2. That's a wrap.

 

I'm actually not sure what my trading schedule will look like for the remainder of the week, other than that I won't be trading Tokyo this evening for sure...I may not be trading tomorrow...not sure...

5aa71050887df_EURUSD(15Min)12_15_2010.thumb.jpg.5d7c5b2098c4e8f3058841c9b5869535.jpg

5aa710508fb2b_EURUSD(15Min)12_15_20102.thumb.jpg.ccbc38597a6ebdb7232b88b9e6e5425f.jpg

5aa7105096971_EURUSD(15Min)12_15_20103.jpg.eb19b88b3a4b8490b9fe2fda53d0c52c.jpg

5aa710509a2db_EURUSD(15Min)12_15_20104.jpg.ea19c2fbf78d9985b7eb313a313a137f.jpg

5aa710509e017_EURUSD(15Min)12_15_20105.jpg.b4abbf8051cc9264bc6b735c014630c6.jpg

5aa71050a3494_EURUSD(15Min)12_15_20106.jpg.f03ac5012f294a761ad70f7ddccffd43.jpg

Edited by Cory2679

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Well, I'm trading Tokyo like I said I wouldn't be able to at all this week! I'm exhausted though and will probably be calling it quits soon.

 

Anyways, I'm looking now at a potential short on the EU...

 

UPDATE: Order filled and stop moved down...

 

FINAL UPDATE: Taken out for a loss. Well, on that great note, I think I'm just going to go to bed. :doh::angry:

5aa71050bd72f_EURUSD(15Min)12_16_2010.jpg.cce458e723437e754a11c56511333610.jpg

5aa71050c1618_EURUSD(15Min)12_16_20102.jpg.cc6420680a17e544e364b05e48212535.jpg

5aa71050c49a4_EURUSD(15Min)12_16_20103.jpg.bff67ba1b3124e7dac58430825496fa2.jpg

Edited by Cory2679

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Well, staying up just a little bit longer...looking at a potential short on the UJ...

 

UPDATE: Order canceled...I just cannot wait any longer...I have to go to bed...I can barely hold my eyes open...cya in the morning...

5aa71050cafd2_USDJPY(15Min)12_16_2010.jpg.f6d48482e19325849e5bda251c71b7ac.jpg

Edited by Cory2679

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Current look at the EU...

 

UPDATE: Short filled and stop @ BE. (Reason: price declined, climbed back up to right about my entry-point, and subsequently printed a new low.)

5aa71050e6e10_EURUSD(15Min)12_17_2010.jpg.62d7f21f0639dbb901b87a472666e081.jpg

5aa71050eabf7_EURUSD(15Min)12_17_20102.jpg.d66561ec82fb3657acc687e5bf1dfde6.jpg

Edited by Cory2679

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Current look at the EU...

 

UPDATE: Short filled and stop @ BE. (Reason: price declined, climbed back up to right about my entry-point, and subsequently printed a new low.)

 

UPDATE 2: Stop moved down a tiny bit...

 

UPDATE 3: Stop moved down.

 

FINAL UPDATE: Filled @ profit! Well, on that great note (and I don't mean that sarcastically this time!), I think I'm going to call it a week! This week has been...interesting. I'm back home now, and next week I should be back to regular full-time trading. The week will be cut short, though, because of Christmas. However, during first part of the week when I will be trading, it will be on my normal schedule.

 

Have a good weekend!

5aa71050eeb84_EURUSD(15Min)12_17_2010.jpg.4490780e5ffd2c2895017a5e5d442c43.jpg

5aa71050f26c1_EURUSD(15Min)12_17_20102.jpg.899d66c6d5fa56dbac79acf3c490f7a1.jpg

5aa7105102258_EURUSD(15Min)12_17_20103.jpg.82e513c6d85079f4a30dc81245b678f1.jpg

5aa71051065dd_EURUSD(15Min)12_17_20104.jpg.3a1933e39689dc75a521614b35430a1f.jpg

5aa710511b65f_EURUSD(15Min)12_17_20105.jpg.ebab90ac118963aa555df37878487eae.jpg

Edited by Cory2679

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Maybe another shot at a GU short...

 

If I would have had my stop at the swing high on that last trade, I'd still be in it...hmm...

 

UPDATE: That's close enough to my BE line to get me to BE (+1 tick).

5aa71051ea7ba_GBPUSD(15Min)12_20_2010.jpg.948b471bdc83c2a7c5fb4b26a42331df.jpg

5aa7105201b10_GBPUSD(15Min)12_20_20102.jpg.22ec897be03613180537cabe634d646c.jpg

Edited by Cory2679

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